General Information

Kentucky's Affordable Prepaid Tuition (KAPT) logo

Kentucky's Affordable Prepaid Tuition (KAPT)

Kentucky's Affordable Prepaid Tuition (KAPT) plan was closed to new enrollments in 2004. Participants could choose one of three KAPT packages: Value, Standard, or Premium. The first two are designed to lock in tuition at Kentucky public institutions, while the Premium plan is geared toward private college tuition rates. Kentucky also offers the Kentucky Education Savings Plan Trust, a direct-sold 529 savings plan.

Our Ratingx

Fee Scorex




  • Program typePrepaid contract
  • Enrollment periodMost recent enrollment ended December 13, 2004. The program is currently closed to new enrollment.
  • Inception2001
  • State agency
    Kentucky Higher Education Assistance Authority
  • Tax deduction

Ratings & Rankings

Our overall rating for KY residents

This program is not open to you either because it has residency requirements or because it has stopped accepting new enrollments.

Our overall rating for non-residents

This program is not open to you either because it has residency requirements or because it has stopped accepting new enrollments.'s 5-Cap Ratings provides an evaluation and comparison of 529 plans, utilizing a formula that examines dozens of factors grouped into the following categories.


State residency requirements:

Who can be a participant/owner in the program?

Significant time or age restrictions imposed by the program:


Minimum contributions:

Contractual Features

Contract prices:

Available tuition packages:

Benefits for beneficiary attending private or out-of-state institution:

Contract payment options:

Are program benefits backed by the full faith and credit of the state?

Are program benefits collateralized or guaranteed in any other way?

Fees & Expenses

Enrollment or application fee:

Taxes and other Benefits

  • Tax deduction for single filersNone
  • Tax deduction for joint filersNone


Kentucky doesn't offer tax deductions

Program match on contributions:

State tax deduction or credit for contributions:

State tax treatment of qualified distributions:

State tax treatment of rollovers:

Does the sponsoring state exclude the value of an account for state financial aid purposes?

Does participation in the program provide beneficiaries with any advantages in qualifying for resident tuition status at state institutions?

Is there a rewards program or outside scholarship program that works with this program?

Statutory protection of an account from creditors:

Distributions & Terminations

To whom are distributions made payable:

Account Changes

Policy regarding participant/owner changes: